Exchanges

The recent events surrounding Tigran Gambaryan, a key executive at Binance, underscore the profound intricacies and challenges faced by individuals tied to the global cryptocurrency sector. Gambaryan’s ongoing legal battle in Nigeria has sparked concerns over both procedural justice and the treatment of detainees within the country. His extended detention since February, alongside the complexities
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In a significant move that has captured the attention of the South Korean financial sector, the nation’s Financial Services Commission (FSC) is launching an investigation into Upbit, the country’s largest cryptocurrency trading platform. This probe, confirmed by FSC Chairman Kim Byung-hwan on October 10, aims to scrutinize Upbit’s overwhelming influence in the virtual asset market.
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In the rapidly evolving landscape of cryptocurrencies, privacy tokens have faced unprecedented challenges this year, culminating in nearly 60 delistings from centralized exchanges, according to a comprehensive report by Kaiko. This striking figure is a stark reminder of the conflicts between regulatory compliance and the intrinsic values of privacy-focused crypto projects. Monero (XMR), Dash (DASH),
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On October 7, the cryptocurrency community experienced a jarring moment as Bitget exchange’s native token, BGB, plummeted from $1.15 to just $0.5344 within a remarkably short window. This steep decline of approximately 56% unfolded in less than ten minutes, leaving traders in shock and raising many questions regarding the underlying causes. Such rapid price fluctuations
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In a significant development for the cryptocurrency market, Gemini, a well-regarded crypto exchange, has made a formal announcement regarding its withdrawal from the Canadian market. The directive, communicated via email on September 30, 2023, informs Canadian customers that all accounts will be closed effective December 31, 2024. This decision has left many users scrambling to
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In an abrupt move that sent ripples through the cryptocurrency community, Kraken announced its decision to cease support for Monero (XMR) within the European Economic Area (EEA). This announcement, made on October 1st, highlighted a reckoning with the region’s evolving regulatory landscape. By October 31, 2024, Kraken will halt trading and deposits related to Monero,
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In a bold move to bolster the growth of the synthetic dollar, USDe, Ethena Labs has put forth an intriguing proposal for a decentralized exchange (DEX) named Ethereal. This initiative, spearheaded by community member Fells0x, is currently under consideration by the Ethena community. The launch of Ethereal aims not merely at enhancing transaction capabilities but
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